Here is this week’s update.
Short Positions (Initiated)
Cache Log Trust (SG)
Cache Log Trust Daily Chart
Trade was entered at $1.165.
Cambridge Ind Trust (SG)
Cambridge Ind Trust Daily Chart
Trade was entered at $0.665.
Chip Eng Seng Corp Ltd (SG)
Chip Eng Seng Corp Ltd Daily Chart
Trade was entered at $0.68.
Noble Group Ltd (SG)
Noble Group Ltd Daily Chart
Trade was entered at $0.915.
Sabana REIT (SG)
Sabana REIT Daily Chart
Trade was entered at $1.065.
Singapore Post Ltd (SG)
Singapore Post Ltd Daily Chart
Trade was entered at $1.26.
Short trades (Golden Agri Resources Ltd, Swiber Hldgs Ltd and Vard Hldgs Ltd) are still alive. Although many short trades have been triggered this week, these trades are going no where. This signal caution as market is still undecided about which direction it should go.
If you find my blog useful, tip me a few dollars to show your support.